“The richest match-up in boxing history between Floyd Mayweather and Manny Pacquiao has finally been agreed after years of haggling.”

“A source close to the Filipino boxer and congressman revealed to The Sunday Telegraph that Pacquiao completed his contractual agreements on Saturday and that Mayweather is set to sign and will announce the contest which is expected to be worth $250 million (£162 million) in the coming days.”

The report says that the date would be on “May 2” and that there are two other dates on the table.

“The fight the world has waited for, on and off for almost six years, now looks set to take place at the MGM Grand on May 2, although it is believed that there are two other dates on the table.”

On Friday, Pacquiao said “positive” when ask about the chance of Mayweather-Pacquiao to take place. And he also said that the fight announcement will be within “this week”.

There are several reports also saying that the fight announcement could be this NBA All-Star Sunday. According to sources it’s agreed that Mayweather will be the one to announce the fight.

Fight fans, I think, the fight that we’ve been long been waiting for will finally be happening! Two boxing’s best in this era will finally tangle inside the squared battlefield arm with both gloved fists. But still my fingers were crossed till I will the bell to signal the first round then Mayweather and Pacquiao come out from the opposite corner of the ring.